Blockchain Technology is Ideal for Transitioning Lottery to
Online
Vancouver, British Columbia--(November 13, 2017) - LottoGopher
Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) ("LottoGopher"
or the "Company") is pleased to announce the addition of Jeff Koyen
as an Independent Advisor. Mr. Koyen will guide the company in
developing and launching applicable blockchain technologies as it
relates to online lottery, including the verification of ticket
ownership on a public ledger. Mr. Koyen, a cryptocurrency and
blockchain investor, trader and enthusiast, is also an
award-winning journalist and media strategist. Previously, he held
editorships with New York Press, Forbes Traveler, Travel and
Leisure, Dow Jones Mansion Global, Vocativ, and Digiday. He was
recently appointed Strategic Advisor for 360 Blockchain.
"There is a great opportunity for LottoGopher to lead both
lottery messenger services worldwide and the traditional
state-operated lottery industry in setting a new standard for
transparency and security using blockchain technology," commented
Jeff Koyen. "A blockchain is essentially an incorruptible ledger of
transactions, with the information spread across a network of
computers, constantly updating. Both online and traditional
lotteries could benefit from the development of a 'Lottery
Blockchain' to increase trust and visibility for the ownership of
the actual ticket."
"We are very pleased to welcome Jeff to the Advisory board to
lead our lottery blockchain initiatives," commented James Morel,
CEO of LottoGopher. "Jeff's knowledge and experience will be
invaluable to LottoGopher in our drive to implement blockchain
technology to improve compliance and transparency in the lottery
industry. It has been and will continue to disrupt the way
businesses operate into the foreseeable future, and we are in
preparations now to leverage this technology for lottery-specific
applications."
Mr. Koyen is currently the President of Chaotic Neutral, an
incubator LLC for companies and projects. Previously, Mr. Koyen was
CEO of Assignmint.com.
What is a 'Blockchain'?
Digital Data named "blockchain" the top trend for
2018.
The global blockchain industry is estimated to be worth anywhere
between $7-$20 billion by 2024, with around 90 percent of the banks
in Europe and North America reported to be exploring the technology
already.
A blockchain is a decentralized, digital public ledger of all
cryptocurrency transactions. The ledger is continuously growing as
'completed' blocks (transactions) are recorded and added in
chronological order. Market participants keep track of digital
currency transactions without central recordkeeping. Each node (a
computer connected to the network) receives a copy of the
blockchain, downloaded automatically.
About LottoGopher
LottoGopher is a lottery messenger service that allows users to
easily order and manage their state lottery tickets online using a
debit or credit card. By allowing individuals to choose their
numbers and safely order tickets for the official lottery drawings
in California, LottoGopher makes it simple for users to keep track
of their tickets and winnings. With LottoGopher, individuals can
either play alone with a single ticket or create and join online
public and private groups to pool winnings from California
lotteries, including Mega Millions, Powerball and SuperLotto Plus.
LottoGopher offers memberships that allow California residents to
order multiple tickets from various lotteries. LottoGopher also
enables users to stay up to date on the latest drawings, track
their tickets and collect winnings. Members have exclusive access
to expert player strategies, jackpot alerts, lottery news, lucky
number pickers and winners' financial resources.
On behalf of the Board of LottoGopher Holdings Inc.
"James Morel"
President, CEO & Director
For more information, visit LottoGopher.com,
like LottoGopher on Facebook and
follow on Instagram,
Twitter and
LinkedIn. For
Investor Information, please visit LottoGopher.com/investor
Contact Us
Investor Inquiries
Stephen Hart,
Investor Relations
ir@lottogopher.com
917-658-7878
Media Inquires
Amanda Kelley
5W Public Relations
lottogopher@5wpr.com
212-584-4272
Corporate Office
3807 Wilshire Blvd. Suite 705
Los Angeles CA, USA
90010
Forward-Looking Statement
This new release contains statements and information that,
to the extent that they are not historical fact, constitute
"forward-looking information" within the meaning of applicable
securities legislation, including statements in respect of the
Company's potential use of blockchain technology in its business.
Forward-looking information may include financial and other
projections, as well as statements regarding future plans,
objectives or economic performance, or the assumption underlying
any of the foregoing. This prospectus uses words such as "may",
"would", "could", "will", "likely", "except", "anticipate",
"believe", "intend", "plan", "forecast", "project", "estimate",
"outlook", and other similar expressions to identify
forward-looking information. Forward-looking information is based
on the reasonable assumptions, estimates, analysis and opinions of
management made in light of its experience and its perception of
trends, current conditions and expected developments, as well as
other factors that management believes to be relevant and
reasonable in the circumstances at the date that such statements
are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown
risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the Company to differ
materially from any future results, performance or achievements
expressed or implied by the forward-looking information.
Accordingly, readers should not place undue reliance on any such
forward-looking information. Further, any forward-looking statement
speaks only as of the date on which such statement is made. New
factors emerge from time to time, and it is not possible for the
Company's management to predict all of such factors and to assess
in advance the impact of each such factor on the Company's business
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements. The Company does not undertake any
obligation to update any forward-looking information to reflect
information, events, results, circumstances or otherwise after the
date hereof or to reflect the occurrence of unanticipated events,
except as required by law including securities laws.
The CSE has in no way passed upon the merits of the
Transaction and has neither approved nor disapproved the contents
of this news release. Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
Source:
NetworkNewsWire
Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
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